PPP Loan information for Harms oil company

$2,966,500

Harms oil company was initially approved for PPP Loan of amount $5,899,800, the current approved amount is $2,966,500. The loan was approved on 04/09/2020 by The Dacotah Bank reported 185 jobs and $2,966,500 was used to fund payroll.

Harms oil company is Existing or more than 2 years old

HARMS OIL COMPANY

Date Approved

04/09/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

HARMS OIL COMPANY

Borrower Address

337 22ND AVE S

Borrower City

BROOKINGS

Borrower State

SD

Borrower Zip

57006-2828

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5899800.00

Current Approval Amount

2966500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKINGS

Project County Name

BROOKINGS

Project State

SD

Project Zip

57006-2828

CD

SD-

Jobs Reported

185

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

590000.00

Payroll Proceed

2081600.00

Mortgage Interest Proceed

0.00

Rent Proceed

294900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3001685.99

Forgiveness Date

06/15/2021

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